INDIAN ECONOMY QUIZ

The budget deficit means

the excess of total expenditure, including loans, net of lending over revenue receipts

difference between revenue receipts and revenue expenditure

fiscal deficit less interest payments

difference between all receipts and all the expenditure

TRUE ANSWER : ?
YOUR ANSWER : ?

Subsidies mean

payment by government for purchase of goods and services

payment made by business enterprises to factors of production

payment made by the government to business enterprises, without buying any goods and services

payment made by companies to shareholders

TRUE ANSWER : ?
YOUR ANSWER : ?

Regional rural banks I=have limited area of operation II=have free access to liberal refinance facilities from NABARD III=are required to lend only to weaker sections

I, II

I, III

II, III

I, II, III

TRUE ANSWER : ?
YOUR ANSWER : ?

One rupee currency note in India bears the signature of-

Governor (RBI)

Finance secretary of Government of India

Finance minister of India

The president of India

TRUE ANSWER : ?
YOUR ANSWER : ?

Meera Seth committee was associated with:

female foeticide

banking sector

sex discrimination at work place

the development of handloom industry.

TRUE ANSWER : ?
YOUR ANSWER : ?

The first fully Indian Bank is:

Punjab National Bank

Canara Bank

State Bank of India

Central Bank of India

TRUE ANSWER : ?
YOUR ANSWER : ?

Paper currency first started in India in

1867

1863

1861

1862

TRUE ANSWER : ?
YOUR ANSWER : ?

Which of the following is not a part of machinery that settles industrial disputes?

Works Committee

Wage Court

Board of Conciliation

Conciliation officers

TRUE ANSWER : ?
YOUR ANSWER : ?

During which five Year plan was phase of heavy industrialization initiated?

Second five year plan.

Fourth five year plan

Third five year plan

First five year plan

TRUE ANSWER : ?
YOUR ANSWER : ?

Aam Admi Bima Yojana was launched on

November 14, 2011

March 10, 2008

October 2, 2007

March 5, 2009

TRUE ANSWER : ?
YOUR ANSWER : ?

↑